Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 34.28 Billion | USD 55.04 Billion | 5.4% | 2023 |
According to Zion Market Research, the global Shampoo Market was worth USD 34.28 Billion in 2023. The market is forecast to reach USD 55.04 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.4% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Shampoo industry over the next decade.
The shampoo is a hair care product, typically in the form of a viscous liquid, which is used for cleaning hair. The shampoo is used by applying it to the hair, gently massaging the product into the hair and finally rinsing it out. The primary aim of shampoo is to remove the unwanted build-up in the hairs without striping out much sebum as to make hairs manageable. Mostly, shampoo is prepared by coupling a surfactant, like sodium lauryl sulfate or sodium laureth sulfate, with a co-surfactant such as cocamidopropyl betaine in water. Specialty shampoo is also available for people suffering from dandruff, color treated hair, gluten or wheat allergies and also an interest in using all natural products.
The global shampoo market is in the upward swing because of rising prevalence of disorders related to hairs such as dandruff, hair fall, oily hairs, and dryness of the hair, itchiness and many others. Growing urbanization, increasing per capita income, and change in lifestyle; a better standard of living and pollution are the major driving forces of the shampoo market. The consumer awareness of the personal care and hygiene, the consumer will spend money in order to maintain their well-being. Availability of various types of shampoos through different types of distribution and aggressive marketing from the competitors about the benefits of using their product will also boost the shampoo market within the forecast period.
Report Attributes | Report Details |
---|---|
Report Name | Shampoo Market |
Market Size in 2023 | USD 34.28 Billion |
Market Forecast in 2032 | USD 55.04 Billion |
Growth Rate | CAGR of 5.4% |
Number of Pages | 110 |
Key Companies Covered | Unilever Group, Procter and Gamble Company, Church and Dwight Co., Henkel AG & Co., Kimberly Clark Corporation, Amway Corporation among others |
Segments Covered | By Type And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Globally, the shampoo market is segmented into mainly anti-dandruff shampoo, cosmetic shampoo, dry shampoo, herbal shampoo, baby care shampoo, animal shampoo, and antibacterial shampoo.
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In terms of regional analysis, developed nations like North America and Europe together are the greatest consumers of shampoo market because of the strong purchasing power of the people and constant innovations done by the manufacturers in their respective nations. Asia Pacific dominates the global shampoo market and further it is expected to witness lucrative growth over the forthcoming years. This growth is attributed to the changing lifestyle, growing disposable income and growing hair concerns among customers especially in developing regions such as China, India, Korea, etc.
Report Attributes | Report Details |
---|---|
Report Name | Shampoo Market Research Report |
Market Size in 2019 | USD 28,771.97 Million |
Market Forecast in 2026 | USD 36,605.98 Million |
Compound Annual Growth Rate | CAGR of 3.5% |
Number of Pages | 110 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Unilever Group, Procter and Gamble Company, Church and Dwight Co., Henkel AG & Co., Kimberly Clark Corporation, Amway Corporation among others. |
Segments Covered | By Type And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2021 |
Historical Year | 2016 to 2020 |
Forecast Year | 2022 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Some of the most important players in the global shampoo market are
Shampoo Market: By Typ
Shampoo Market: Regional Segment Analysis
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